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. this is "your money." the elections are over. the american people have spoken. now it's time for washington to get to work. >> you elected us to focus on your jobs, not ours. >> that's because nothing is more important to our economic recovery than creating jobs. president obama says he'll add 12 million jobs over the next four years. but for his math to work, the pace of economic growth needs to pick up. with a crisis in europe and a slowdown in asia, an economic storm beyond our control stands ready to batter our shores. still, two years of consistent job growth prove we are heading in the right direction, but the fiscal cliff is one storm that will be of our own making unless washington acts. $7 trillion in across-the-board tax hikes and spending cuts over the next decade mandated to begin in january. it's the legislative equivalent of a slow motion train wreck that washington can avoid. the question? will congress and the president drive that train over a cliff? >> we won't solve the problem of our fiscal imbalance overnight. >> the elections are over. the threats to our economy are not
.m. eastern on the economy. that issue of the economy directly touches on the dysfunction in washington that americans said they hate. they went to bed election night hoping to fix that. speed really matters here. in just seven weeks the bush tax cuts expire, automatic spending cuts agreed to by both parties kick in. we call it the fiscal cliff and even though it's more like the fiscal steep slope it could do some very bad things to the economy. concerns about rolling down it or falling off it or whatever you want to call it have made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not hammering out a deal in time. politicians in both parties, they've been sending out mixed signals ever since the election. on the one hand they're talking about common ground. take a look. >> we want our children to live in america that isn't burdened by debt. that isn't threatened by a warming planet. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. >> if there's
storm that will be of our own making unless washington acts. $7 trillion in across the board tax hikes and spending cuts over the next decade mandated to begin in january. it's the legislative equivalent of a slow motion train wreck that washington can avoid. the question, will congress and the president drive that train over a cliff? >> we won't solve the problem of our fiscal imbalance overnight. >> the elections are over. the threats to our economy are not. time to get to work. and there is lots of work to be done. starts with averting the disaster of our own making. i repeat that. the fiscal cliff. we've got it covered frommive angle. christine romans is host of "your bottom line," richard quest of "quest means business," david walker spent a decade oversaeg the federal government, how it spends your tax dollars as the u.s. comptroller general. today he's the ceo of come back america. he's an unapologetic deficit hawk. mohammed al arian is the ceo of pim he could. his firm is the largest investors in bonds. and stephen moore is the founder of the low tax advocacy group club f
is over, it's time for washington to get in gear. do something about it. this fiscal cliff business could affect just about every single one of us, and you can bet there's plenty going on behind the scenes. this past hour we heard from the president in the east room of the white house basically announcing he's inviting leaders from both houses of congress and from both political parties to meet with him at the white house next friday. just a couple of minutes ago, we heard the president say he's open to compromise and open to new ideas, but there's one point the president is sticking to -- higher taxes for people making higher incomes. take a listen. >> i refuse to accept any approach that isn't balanced. i'm not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000 aren't a asked to pay a dime more in taxes. >> two hours before we saw the president, we saw the house speaker, republican, john boehner, said quote, everything on the revenue side and on the sp spending side has to be looked at but when it comes t
, four more years in the white house locked in, president obama prepares to head back to washington, where a hard fought campaign pales in comparison to the challenges that lie ahead. the nation is drawing closer and closer to the fiscal cliff. hello and good to see you here on this day after election day. i'm brooke baldwin at the cnn world headquarters in atlanta. >> i'm celebrating the day after. john king in washington. hey, brooke. >> good to see you. >> it is good to see you. talk on capitol hill is turning to compromise immediately after the election. listen here, the senate majority leader democrat harry reid. >> it is better to dance than to fight. it is better to work together. everything doesn't -- >> see what the house speaker john boehner has to say. he speaks live next hour. meantime, the biggest battleground still hangs in the balance, the election is not yet over in florida. the nation's largest swing state too close to call. oh, yes, brooke, they're still counting the absentee ballots. >> we'll go there. also happening right now, the market. we have to look at this,
headquarters in atlanta. >> i'm wolf blitzer in washington. this is cnn's special program, special coverage of america's choice 2012. we're bringing you the story behind the numbers. the demographic breakdown of the president's decisive victory and the implications for the republican party moving forward. >> we're also examining the challenges ahead for the president leading a divided nation and dealing with an immediate fiscal problem facing the country. and his victory speech, the president urged all americans to come together. he said what unites susbigger than what divides us. >> i believe we can seize this future together because we are not as divided as our politics suggest. we're not as cynical as the pundits believe. we are greater than the sum of our individual ambitions, and we remain more than a collection of red states and blue states. we are and forever will be the united states of america. and together, with your help and god's grace, we will continue our journey forward and remind the world just why it is that we live in the greatest nation on earth. thank you, america. god b
30 governors for the team. which is the highest level in 12 years. maybe another in washington state, so there was some bright spots, but overall, i agree. a combination of tone and message and reaching out to new and minority voters and making sure that we do a better job on the ground. >> well, gracious to come out and directly admit it, although you are right on on the governor's side. one of the wings that cornyn was referring to was the tea party and some big name tea partiers lost last night. joe walsh, josh mande ll, richard murdoch in indiana. he had a specific situation there with the comments he made on abortion, but i think the question is is the tea party still relevant? is it now become an albatross? >> erin, what the tea party and other conservatives that believe we ought to -- balance budget, i think that's pretty a mainstream idea. they helped me immensely with the victory in virginia three years ago. i think it's how we organize. how we deliver the message. we've got to be a lot more inclusive and open and energetic by expressing why these are -- we've just got to do
't heard from him since he returned to washington yesterday. we were told though by the white house this evening he'll make a statement on the fiscal cliff tomorrow but as far as what we know right now the administration says the president has already laid out his plan. it's a plan he says would cut the deficit by $4 trillion over the next ten years. it's also a plan those, that we've told you before doesn't add up. so something has to give. and someone needs to take the helm. last night here on "outfront" we tried to find out from chris van hollen what the president's role would be on the fiscal cliff. >> that remains to be seen exactly who will be the negotiate or negotiators. the white house has to be engaged. the president will make clear as he did in his acceptance speech last night we need to compromise. i think the president will be directly involved. >> directly involved but not clear what his role would be. will the president take the lead? here's the thing. americans want answers soon. today i overheard a major democratic fundraiser and lobbyist ben barnes saying this to a
with wolf blitzer in washington. hey, wolf. >>> brooke, thanks very much. happening now, the president of the united states is on his way back to washington right now for four more years in the white house. you're going to see his return to the white house during this program. also, republicans still control the house of representatives. will the president find anymore cooperation in his second term than during his first? and after passage of an historic ballot question, how soon will it be until people in colorado can light up a marijuana cigarette legally? i'm wolf blitzer. you're in "the situation room." >>> right now president obama's aboard air force one. he's heading east from chicago. he's already reaching out to congressional leaders trying to set the agenda for his second term in office. across the country today americans awoke to banner headlines from re-elected in the president's hometown "chicago tribune" to "obama wins in his adopted city" "the washington post." the "new york times" proclaimed it's obama's night while "los angeles times" told readers it's obama again. even
." >>> intriguing new twists and turns in the scandal that's gripping washington, indeed the nation and much of the world. the affair that led general dividend petraeus to resign as director of the central intelligence agency. we're finding out that at least one lawmaker here in washington may have learned of it ahead of the president and there are questions about the investigation that led to petraeus' stunning downfall. brian todd's been working the story for us and getting new information. brian, tell our viewers what's the latest? >> we found out that the house majority leader, republican congressman eric cantor, may have found out almost two weeks before the president did. this and other time lines we're following on the investigation have led to genuine anger over why the white house and other top congressional leaders weren't told sooner. a time line cnn has put together shows the republican house majority leader may have known about former cia director david petraeus' extramarital affair before the president did. that's according to aides to congressman eric cantor who tell us he fou
forward. so switch to regions. and let's get going. together. >>> good morning, washington dc. so glad you're starting your day with cnn. take a look there at the white house. you know folks are up and adam early trying to work out a deal on that fiscal cliff looming over all of us. you can say that 50 never looked so good, "sky fall" hoped last night, 50 years after the original. this is daniel craig's third turn as a super spy and the movie is making a killing. "variety" reports that the movie could take in $80 million in it's u.s. opening. most in franchise history. >> just because the election is over doesn't mean the politicians aren't still targets. the late night comedians had their way with washington last night, take a look. >>> i heard a update, power outages, anybody here? i heard a update from com-ed, the electricity company, they said the republicans flow be without power for the next four years. >> speaking of mitt romney, now that he's out of the presidential race, he will no longer receive protection from the secret service. or as big bird put it -- sup? >> 75% of the gas s
and spending cuts. jill doherty is in our washington bureau. good morning to you. >> good morning. >> jill, both sides have said they are optimistic about a deal here. they're also not budging on some key issues. >> yeah, i mean, there is some room around the edges, but essentially, and this is the the opening gambit, of course. they're both talking about taxes. the president saying -- and revenue. the president saying that he wants more revenue from the wealthiest americans and the republicans and especially mitch mcconnell, who's the senate minority leader, he's taking a tougher stand than even boehner. let's listen to both of those positions. >> let's be clear. an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson/bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's twice as much as the white house agreed to last summer during the debt ceiling talks, and looked at in the context of the spending cuts yet to be implemented, it amounts to about 20 cents in cuts for every new dollar in tax hi
of reasons. just a shot here in washington. if you had polled the top minds in washington a week ago and asked them about david petraeus, they would be more likely to talk about future career ambitions than what was going on outside his marriage. that was such a stunner yesterday. not only did david petraeus step down as head of the cia, but admitted to doing so in a letter that he wrote to employees at the cia and i think, you know, processing sort of the shock of that is one part of this, but the other part that we're going to really focus on in the coming week is finding out more of those details, particularly the timing of this. if there was an fbi investigation going on, which we now know there was, what were they looking at and how long did they know? was the white house aware of this and isn't it odd that itp haened, that he stepped down and came forward with this revelation just a couple days after the election? >> why was the fbi involved? this was based on a tip, right? >> yeah, yeah. we were told that a u.s. official confirmed to cnn that the investigation was that he was
the senate. >> white house correspondent brianna keilar is live from washington, d.c. for us this morning. brianna, speaker boehner seemed to be offering the president on olive branch earlier this week when he talked about the possibility of increasing revenue. but here he's taking a hard stance against tax increases. what does that say about the chances of a compromise? >> well, it may actually sound kind of like it's splitting hairs. but it's really two different things where he's talking about increasing tax rates. he says he's not okay with that. but he would be maybe okay, maybe amenable to increasing revenue. to bringing in more tax dollars, because there is a difference. and what he's saying is part of a chorus of conciliatory language that we're hearing from democrats and republicans on the hill. listen to more of what john boehner said in that interview. >> -- talk about all kinds of things we may disagree. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. the election's over. now it's time to get t
correspondent brianna keilar is live for us this morning from washington. john boehner was the guy who said he didn't think a lame duck congress could do big things. what can be done in the next, what did i say, 53 days? >> well, maybe finding some sort of stopgap measure. some sort of framework on tax reform, soledad. i think that's the goal here. the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear yesterday when the cbo put out a report showing that if the country goes over the fiscal cliff you're looking at economic calamity. you're looking at unemployment ticking up, perhaps two points. you're looking at a recession next year. so, also listen to the conciliatory language that we're hearing from the hill and that we may be hearing from president obama when he speaks here at the white house this afternoon. listen to what john boehner also said about being reasonable. >> we can talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washing
of representatives before leaving to become the head of the woodrow wilson center for scholars here in washington. suzanne kelly, thanks very much. just a while ago the white house released this written statement from president obama. let me read from part of it "by any measure david petraeus has made our nation safer and stronger. today, i accepted his resignation as director of the central intelligence agency and i am completely confidence that the cia will continue to thrive and carry. let's talk a little more about what's going on, the breaking news. our chief white house correspondent jessica yellin is standing by. our pentagon correspondent barbara starr is standing by. and our chief political analyst gloria borger is standing by. gloria, let me start with you. you just spoke with some people up on the hill. what are they saying? >> i just spoke with diane finestein. she calls this a tragic story for a human being. she says people may start saying he's a scapegoat for benghazi and the controversy in benghazi. she says that is absolutely false. she said i know what the personal story is here
washington correspondent for politico. he joins us now from washington. good morning to you. >> good morning. >> so let me first get to -- i'll get to the fiscal cliff but first want to get your reaction to the petraeus story. there are reports this morning that the fbi and the justice department knew about this over the summer, as early as over the summer, and some members of congress are complaining they didn't know about it. >> members of congress always wish they knew what was going on before they get informed of things. that's a typical complaint whenever the administration comes forward with something. i would say this, there's either a situation where the fbi believes there's a potential security breach or there is not. if they believed there was a potential security breach they probably should have informed members of congress so that something could be done about it or gotten petraeus out of his job. what we've heard so far is they didn't believe that there was a potential security breach, which leads to the question of why david petraeus ended up in the position he did. and i think
in congress. they came before our cameras yesterday in washington, john. they did talk about the election being a voice from the american voters for a call for compromise. and you heard both men talking about working together to fix the country's problems along with the president. but at the same time, you also heard both men laying down markers and both men disagreeing on whether whether it comes to the fiscal cliff the wealthy should be taxed. take a look at what they said. >> it won't solve the problem of our fiscal imbalance overnight. certainly won't do it in a lame duck session of congress. and it won't be solved simply by raising taxes or taking a plunge off the fiscal cliff. >> the vast majority of the american people rich, poor, everybody agrees that the rich, richest of the rich have to help a little bit. >> another disagreement, john boehner the house speaker talking about doing a framework but getting a new deal done with the new congress. harry reid saying let's not kick the can further down the road. negotiations really get under way next week when both sides of the house an
obama's offer? >> cnn's senior congressional correspondent dana bash is live for us in washington, d.c. what do you make of his comments? >> soledad, look, bill kristol is not an elected official. he doesn't get a vote. but he is a very influential gop voice here in washington. and around the country. and for him to tell republicans it wouldn't kill to them to agree to tax increases for millionaires. it's a big deal. and we heard some similar talk from republicans who do have a vote like senator bob corker. listen to this. >> i think there is a deal, once the yin and yang, we know there has to be revenues. look, i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we solve the problem. >> and, soledad, now for the but. the but is that sounds conciliatory, and it is but the two sides are still not close on how to cut a deal on any tax increases. for the most part republicans are still opposed to raising tax rates for the wealthiest americans and democrats, led by the president, said this over and over in the campaign, s
with all these challenges that are known in washington as the fiscal cliff, but to the rest of the country they're known about fairness to middle class families who are trying to basically have a tax code that works for them, rather than against them. health care and retirement security, and there will be reforms in changes. you also have to have a president that has the right values for the middle class, and i can go back to remembering what happened in 1996. we had a healthy debate. nine months later we had a balanced budget agreement, and it was different because the president of the united states was able to lead, and i think with the house democrats, there are races throughout the country as there are in the senate, and i think they are very, very close, and i think on a close election there may be a little push where i think president strengthens. >> just two words. compatriot in arms, at least in this election. david axelrod said he is utterly confident of victory. are you? >> david is close to it, people know a basic core point. the president has shown the leadership over four year
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to having an affair. this is someone with a stellar reputation in washington, very well respected. war hero in many ways who was appointed by president obama a little over a year ago to head the cia. now he comes out in his own words, as you just read, and admits to having an extra marital affair was one shock. the other shock, that he's stepping down from his job. this stuff happens a lot more than it should, but it doesn't always bring careers down, so it makes you wonder if there will be more information coming out in the next few days that may cast some light as to why something like this would lead to his resignation. >> you knew general petraeus and his wife holly for a long time. it's a shock to everyone who knew them, by the sounds of it. it almost sounds like in some way this is some kind of smokescreen for the benghazi congress hearings next week in which general petraeus was due to appear. is there any credence to this, do you think? >> right now, i don't think that there is. you're right, though, piers, >> you knew general petraeus and his wife holly for a long time. it's a shoc
in washington to people of good faith with the other party. there's much more than our moment. it's america's moment of renewal and purpose and optimism. we journeyed far and wide in this great campaign for america's future and now we are almost home. i had an experience before i went to bed last night that touched me. i was at a rally in englewood, colorado. we had driven through a place called monument, colorado. we got someone from colorado here. there you go. it reminded me of something that happened many years before, which underscored my conviction that the american people will always rise to the occasion, something very special about the people of this land. we have within our hearts a desire to live for something bigger than ourself, our family, our faith, our community, our school, our nation. this was at a boy scout court of honor. any boy scouts here sniffs at the formica table there at this court of honor we give out eagle scouts to boys who earned them and i was at the end of the table next to the american flag and the scout master who was speaking to the boys and the parent th
to the neighbor with the other yard sign. and i'll reach across the aisle in washington, to people who have good faith in the other party. there's much more than our moment. it's america's moment of rene l renewal, purpose and optimism. we've journeyed far and wide in this great campaign for america's future. and now, we're almost home. i had an experience before i went to bed last night that touched me. i was at a rally in inglewood, colorado. getting there, we drove through a place called monument, colorado. it reminded me of something that happened many years before, which underscored my conviction that the american people will always rise to the occasion. something very special about the people of this land. we have within our hearts a desire to live for something bigger than ourselves. our family, faith, community, school, our nation. this was at a boy scout court of honor. any boy scouters here? i was one of the leaders in the scouts. so, i was seated up front. one of the formica tables up there. i was next to the american flag. and the scout master who was speaking to the boys was the sc
. everyone would be hurt. washington has to get its act together. >> okay. i'm an optimist. if i wasn't, i would cry. christine romans, thank you. >>> there's one thing standing between your wallet and that fiscal cliff. of course, it's the politicians. a few days after a bitter round of elections, can the president and republican lawmakers really find compromise? house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could se
to washington. the president will also meet with leaders from japan and china. this will actually be a first for a u.s. president when speaking in terms of his visit to myanmar which is also known as burma, so there you have it. we'll see the president departing shortly here for his trip to asia. we'll continue to watch these live pictures this morning for you. >>> back in washington, it seems a deal to avoid the so-called fiscal cliff may happen before january. president obama met yesterday with the four top leaders of congress. republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the fiscal cliff by the end of the year, both sides have said they are willing to compromise. house speaker
would get a resolution to the debt limit earlier than we did too, so faith in washington doing the right thing is a little bit low, but it does sound like from the conversation you just had with jessica that everybody is taking it quite seriously. >> talk specifically about the tax cuts that are going to expire. how much are most americans probably going to end up paying in increased taxes? >> well, it all depends because the reason this is a fiscal cliff is it's not a plan. ates bunch of stuff that came together at the same time that when it all expires at the end of the year will have this net effect of making people pay more money. so it's hard to tell because president obama wants the tax cuts to expire for everybody but only for the rich, so everybody else gets an extension. the republicans say everybody has to get it, so we're fighting over the 2% highest income earners who will see an increase in their taxes, but basically tax rates will go from a low of 10% to a high of 36% right now to a new system where the lowest would be 15%, and the highest would be 39%, which, by the way, i
of an affair could have put him in a very vulnerable position. that's how spy networks work in washington. they find people who have access to classified information, they try to exploit them in any way they can, sometimes with women. we still don't know for sure, piers, we here at cnn, who the woman was who he had the affair with. i want to reiterate that one more time. there are lots of reporters giving different tips. we haven't gone on the record with that yet, but we do know that it was prompted by this fbi tip that the two were having an affair, paula broadwell and the general. >> let's turn to someone who did a big biography piece on general petraeus. she spent a lot of time with him. are you surprised by this? >> if someone asked me of all the guys you've interviewed, who would be most likely to be embroiled in some crazy extramarital affair, the last person, besides joe biden, would be general petraeus. and yet, on the other hand, it's not that shocking. this is a guy who was like a full-time career nerd who has been a rock star for the past five to seven years. so it's really no
. thanks again for checking with us today. >>> washington looks at old arguments through a post-election prism. and the sudden end of a distinguished career. >> today. can they hear each other now? >> we can't just cut our way to prosperity. >> feeding the growth of government through higher tax rates won't help us solve the problem. >> avoiding the fiscal cliff. the downfall of the cia chief and the remains of superstorm sandy. with new jersey senator bob menendez and new york congressman peter king. then dissecting tuesday's results with california governor jerry brown. plus, cnn's dana bash looks at the grand old party and the new electorate with a foursome of republicans. former presidential candidate jon huntsman, congresswoman cathy mcmorris-rodgers. former commerce secretary carlos gutierrez, and conservative activist gary bauer piem candy crowley. and this is "state of the union." >>> good morning from california. the state that led the tax cut revolution in the late '70s but this past tuesday voted to raise taxes. we'll talk to governor jerry brown later in the show. bu
in washington, education reform seems to be more likely to get bipartisan cooperation. but the president can do quite a bit using his executive authority to achieve some changes in energy policy on his own. you mentioned a foreign trip that is right. the president and the white house have announced he will be going in about ten days overseas. he will visit cambodia and thailand and myanmar where he will visit with the now freed leader aun san su kyi. >> he had a phone call yesterday with the republican leadership with john boehner, the senate republican leader mitch mcconnell. is he planning on sitting down with those two republican leaders any time soon? is the white house saying? >> reporter: there's nothing announced for a leaders meeting so far. but i am certain, wolf, that that will be coming because there's such important negotiations ahead. i'm told that the president's conversation with speaker boehner was courteous, it was brief. and i'm told that they also discussed the importance of keeping their public statements vague or general enough so that they leave themselves enough private n
-growth, pro-middle class, that allows job creation while you're bringing fiscal discipline to washington. it's not one or the other, it's both. and obviously john boehner is wanting to work with the president. he's already expressed some opening to go that. it's going to take a while to get there, but if there's a willingness, i think the president is going to make sure we achieve a pro growth strategy while bringing physical discipline. does john boehner have the capacity? i think it's incumbent upon his caucus to say we're sending the speaker in to represent us. regardless of who you voted for to resolve the issues that face the country. >> do you think the president owes a lot to your former boss, the former president bill clinton. how much does he owe clinton for helping him get re-elect the? >> i think you've got to take the president at his word. one he owes his rio lex to the american people. and he said it last night so there's nothing more i can add to what he said. number two, the first person he called was bill clinton, as you know. so i think it's an indication, given he called h
have to get you to washington. we have so much news breaking. this is what we call in the news game the stakeout. take a look at four pictures live cameras so near and yet so far from major news that is basically in the cooker, steps away behind closed doors david petraeus is giving testimony to the senate intelligence committee and at the same time at the white house president obama's closed door fiscal cliff talks with leaders of congress is on going. they all have to come out sometime. when they do, we are set with open mics ready to hear what they have to say about the incredibly important and top secret meetings. >>> we think as one might inspect of a military leader turned spy chief general petraeus rnz a thing or two about traveling under the radar and i have to clarify the back-to-back testimony of both the house and the senate is not necessarily about the affair that he has admitted to or the fallout from this affair, but it is more about the attack on the u.s. out post in benghazi, libya. that attack that killed our ambassador and three other americans on september 11th. t
in town here in washington, in the evenings, 6:30, we want to be at the dinner table with our kids. and i want to be helping with their homework. i think that's sometimes interpreted as me not wanting to be out there slapping backs and wheeling and dealing. and it really has more to do with just the stage we are in our lives. >> if you're reelected, your girls will be older. they'll probably have their own weekend plans. might not want to hang out with mom and dad. >> it's already starting to happen. >> do you think you might do more outreach or what you call back-slapping with members of congress? >> my hope is that getting past this election, people i will have an opportunity maybe to step back and say, you know what, the differences that divide us aren't as important as the common bonds we have as americans. and some of that, i'm sure, will require additional effort on my part. hopefully we'll see more effort on the other side as well. >> though being a family man isn't always an asset in office, it is a priority for the president. >> well, you have to remember, this is someone who gre
lothian, live from washington this morning. it's really nice to see you, dan. >> good to see you. >> let's first talk about the fiscal cliff. the president said we could see a deal by next week. that may hinge on this issue with taxes. how are republicans responding to the president's remarks? >> well, you know, first of all, there does seem a willingness by republicans to find areas of agreement, to reach a compromise. but they are pushing back on the president's plan because they don't believe that a solution should lie in tax hikes for any americans, including the wealthiest of americans, despite the fact that there's this looming fiscal cliff and the president has said, as you heard just a short time ago, that only middle class americans should get some ease here and not those wealthy americans from those taxes. and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closel
, every four years or so, inside washington. you start talking about what names will be replacing those who will be leaving. nothing official from the white house on this kind of movement, but one of the names that's been thrown around, senator john kerry, who helped the president prepare for the debates, has been talked about possibly going to state. there are other names being thrown around as well, and i'm sure those lists will continue to grow in the coming days. as for the president, nothing public on his schedule today, other than the presidential daily briefing, that will happen later this morning. the first one that will happen here at the white house, since his re-election. the president and the first family return here to the white house, late yesterday. the staff was planning to have a welcome out on the south lawn, but because of bad weather, marine one could not land here, so it was a low-key arrival. what's on the president's agenda, moving forward, you've been talking about dealing with the fiscal cliff, also the president has to work on trying to unite the country after
, 10:00 on the east coast and washington, d.c. we begin tonight in the nation's capital. two simple words what next for the men and women in the capital behind me what next. what next for the party that tried and failed to retake the senate and white house who ran on a platform that too many people saw as too extreme. what next for them? what next for the man who ran for re-election who came home to face challenges on taxes, budget, global economy and a whole lot more? for president obama, what next? today markets took a nose dive because investors see what's coming and worried that washington cannot fix it. in the speeches last night and the statements today, everyone from mitt romney to the leaders in the building behind me, all have a way of saying they get it. they understand the challenges and will rise to meet them. listen. >> we want our children to live in america that isn't burdened by debt and isn't weakened by inequality and isn't threatened by the warming kwagity. >> at a time like this we can't risk partisan bickering and political posturing. >> if there is a mandate in
of a balancing to do, but not necessarily good for a president. >> when working in town here in washington, in the evenings, 6:30, we want to be at the dinner table with our kids, and i want to be helping with their homework, and think that's sometimes interpreted as me not wanting to be out there slapping backs and wheeling and dealing. and it really has more to do with just the stage we are in our lives. >> if you're re-elected, your girls will be older. they'll probably have their own weekend plans, might not want to hang out with mom and dad. >> it's already starting to happen. >> do you think you might do more outreach or what you call back-slapping with members of congress? >> my hope is that getting past this election, people i will have an opportunity maybe to step back and say, you know what, the differences that divide us aren't as important as the common bonds we have as americans. and some of that, i'm sure, will require additional effort on my part. hopefully we'll see more effort on the other side as well. >> though being a family man isn't always an asset in office, it is a
to their players, marijuana is still a banned substance. tuesday's host in colorado and washington state legalize the recreational use of marijuana prompted a swift response from sports regulations, they all said their drug policies remain the same. >>> from the lakers added dwight howard to their roster they expected to blow out other teams. the season hasn't started out that way. utah jazz beat l.a. last night sending the lakers to a 1-4 record. despite the poor start lakers is giving coach mike brown a vote of confidence and kobe bryant is telling fans to chill out. >>> scottie pippen tells one way that president obama is just like mike. he took to the court with the president's team for his traditional election day basketball day. pippen said no one wanted to hit jordan back in the day and no one wants to hit the president now. as pippen put it, when the president drives on the basket, the lane opens up wide enough for his motorcade to come through. >>> staying chuck strong for chuck pagano while battling leukemia. two dozen players got their head shaved this week in support of their coach. h
investors see what's coming and worried that washington cannot fix it. that's why we are here again tonight. in the speeches last night and the statements today, everyone president obama and mitt romney to the leaders in the building behind me all say they get it. they understand the challenges and will rise to meet them. listen. >> we want our children to live in america that isn't burdened by debt and isn't weakened by inequality and isn't threatened by the destructive power of a warming planet. >> the nation as you know, is at a critical point. and at a time like this we can't risk partisan bickering and political posturing. >> if there is a mandate in yesterday's results, it's a mandate for us to find a way to work together on solutions to the challenges we all face as a nation. >> it's better to dance than to fight. it's better to work together. everything doesn't have to be a fight. >> well, tonight, what is next on the fiscal cliff, on the rest of the president's agenda. on whether and how the republicans will deal with a diverse electorate. tonight we are looking forward not so much
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